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Nov 21, 2012
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>> well, as we all know, he's got to deal with the so-called fiscal cliff right now. it will be resolved and i think the climate is right for immigration reform. he's going to have six months where he's going to do real business for congress. if they stimy him and they haven't seemed to evolve out of the whooping that just took place, the president is going to have to use executive power and authority. on an issue like climate there are many cases to be made that an executive doesn't need to work with congress because it's a national security. how many more record wildfires burning colorado he a new mek co-do we need? he's going to be able to lead regardless of whether congress wants to deal with him. let's hope that congressman boehner and others will get on the page of the president. >> douglas brinkley, thank you for your time tonight and a happy thanksgiving to you. >> back at you. >> coming up next, a "politicsnation" first. i had a dream. actually, it was more like a nightmare. you'll see it. try running four.ning a restaurant is hard, fortunately we've got ink.
>> well, as we all know, he's got to deal with the so-called fiscal cliff right now. it will be resolved and i think the climate is right for immigration reform. he's going to have six months where he's going to do real business for congress. if they stimy him and they haven't seemed to evolve out of the whooping that just took place, the president is going to have to use executive power and authority. on an issue like climate there are many cases to be made that an executive doesn't need...
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Nov 27, 2012
11/12
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companies trying to get a jump on the fiscal cliff. details and the oracle of all my speaking out on tax policy. next, i'll break down why warren buffett is just plain wrong. ♪ gerri: warren buffett is getting a lot of attention this week for his comments on the fiscal cliff . basically, the investing mobil says it rich people, that is people like him, should pay more in taxes. it sounds magnanimous. i believe the case he builds for higher taxes, well, the reasoning as a big hole in it. here is why. the contention that rich people will stop hiring is nonsense. we already know that more than a million americans to employ people and paying there taxes through there individual income-tax. according to the heritage foundation, the amount their taxes would rise would be equivalent to one employee salary. one person there would not hire. we will what is more, rinsed and young says these tax hikes would kill 710,000 jobs. buffett also says that rich people will stop investing. again, nonsense. when you tax something usually get less of it,
companies trying to get a jump on the fiscal cliff. details and the oracle of all my speaking out on tax policy. next, i'll break down why warren buffett is just plain wrong. ♪ gerri: warren buffett is getting a lot of attention this week for his comments on the fiscal cliff . basically, the investing mobil says it rich people, that is people like him, should pay more in taxes. it sounds magnanimous. i believe the case he builds for higher taxes, well, the reasoning as a big hole in it. here...
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Nov 27, 2012
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. >> holiday cheer and fiscal cliff fears. >> of course, we're talking about the -- >> fiscal cliff. >> it does cause uncertainty. >> there's a great uncertainty. >> there's always uncertainty. life is uncertain. >> i think it's more of a slope. republicans possibly maybe -- >> growing number of republicans. >> looking to make a deal. >> and they would like one pretty quick. >> some top republicans suggest they could shock horror. >> the mythical grover norquist. >> break with their sacred pledge. >> to grover norquist. ♪ another one bites the dust >> nobody's turning on me. >> i'm not obligated on the pledge. >> nobody's turning on me. >> it is not about that pledge. >> nobody's turning on me. >> it really is about trying to solve problems. >> i'm sorry, that's just silly. >> grover norquist is not jesus. >> he can't burn down your house. >> we would highlight whose kept their commitment. >> this guy's a political lone shark. >> nobody's turning on me. >> i will violate the pledge. >> nobody's turning on me. ♪ >> with 36 days until the curve, republicans on fox news say their pa
. >> holiday cheer and fiscal cliff fears. >> of course, we're talking about the -- >> fiscal cliff. >> it does cause uncertainty. >> there's a great uncertainty. >> there's always uncertainty. life is uncertain. >> i think it's more of a slope. republicans possibly maybe -- >> growing number of republicans. >> looking to make a deal. >> and they would like one pretty quick. >> some top republicans suggest they could shock...
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Nov 29, 2012
11/12
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and that needs to be remembered when we're talking about the fiscal cliff. now, women really are, in fact, bearing the primary burden of all of these cuts. and so what we're saying is, let's don't engage in these cuts. let's have an aggressive jobs policy, put people to work, bring more money into the federal treasury, and lower the deficit that way. and, obviously, tax the millionaires and billionaires fairly for the first time in 30 years. >> right. >> so, terry, aggressive jobs program. great. that's the third way. president obama submitted to congress the american jobs act last september. so are you suggesting -- are you suggesting that that bill be passed? are you suggesting that it be reworked, junked and recreated? the second part of that question is, what are you going to do? what is now going to do to ensure that it gets passed? >> i would really much rather representative john connier's jobs bill be passed. it's much more aggressive. january ja cow ski also has a wonderful jobs bill. president obama's is much more modst. but it does lead us beginni
and that needs to be remembered when we're talking about the fiscal cliff. now, women really are, in fact, bearing the primary burden of all of these cuts. and so what we're saying is, let's don't engage in these cuts. let's have an aggressive jobs policy, put people to work, bring more money into the federal treasury, and lower the deficit that way. and, obviously, tax the millionaires and billionaires fairly for the first time in 30 years. >> right. >> so, terry, aggressive jobs...
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Nov 26, 2012
11/12
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she is my nominee and then she pulls herself. >> still ahead, the fiscal cliff. come along for the ride. >> we had a very constructive meeting with the president to talk about america's fiscal problems. i outlined a framework that deals with reforming our tax code and reforming our spending. i believe the framework that i have outlined in our meeting today is consistent with the president's call for a fair and balanced approach. to show our seriousness, we have put revenue on the table house speaker boehner -- on the table. >> house speaker pinera today after a meeting -- house speaker john boehner after a meeting at which the white house. does that mean that republicans are considering raising taxes on wealthy americans? >> yes, but there's a divorce between raising revenues and raising rates. and i'm afraid that half of washington, the liberal half, has an inability to understand. you can keep rates the same, or even lower them, as was recommended by the president's own debt commission, which he rejected, if you broaden the base by eliminating deductions and cr
she is my nominee and then she pulls herself. >> still ahead, the fiscal cliff. come along for the ride. >> we had a very constructive meeting with the president to talk about america's fiscal problems. i outlined a framework that deals with reforming our tax code and reforming our spending. i believe the framework that i have outlined in our meeting today is consistent with the president's call for a fair and balanced approach. to show our seriousness, we have put revenue on the...
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Nov 26, 2012
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are states more scared of going off the fiscal cliff? >> sure. state budgets would be impacted dramatically and very bad for them. governors are very concerned about cuts to education funding. we'll be hearing a lot more from the governors i am sure in the next week or so. >> how influential can they be on capitol hill some. >> extremely. everybody understands state government mostly delivers services, spends the money. a lot of the federal government, a lot of the federal budget is entitlement programs that are basically hazardous, so when you cut state spending you have a real effect on the economy and when you take away federal dollars for states, it can have a real real life impact on the ground. >> great onto see both of you. thank you. there is a heartbreaking story out of syria. antigovernment activists say at least eight children were killed in a bombing near damascus yesterday. they say the war planes dropped cluster bombs on a playground and the government carried out several military operations yesterday against al qaeda terrorists. [
are states more scared of going off the fiscal cliff? >> sure. state budgets would be impacted dramatically and very bad for them. governors are very concerned about cuts to education funding. we'll be hearing a lot more from the governors i am sure in the next week or so. >> how influential can they be on capitol hill some. >> extremely. everybody understands state government mostly delivers services, spends the money. a lot of the federal government, a lot of the federal...
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Nov 27, 2012
11/12
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there's plenty to disagree about, from the fiscal cliff to chris yisy. joining me now to battle it out and the republican strategiest ali stewart. let me start with you. i heard from grover norquist and from rick santorum tonight and they all seem ton wrestling now with the possibility that this pledge that's really held them all to ransom for so long on income tax rises in particular may just have to be all thorred in how they deal with that. you know what? forget all the pledges before this election has happened. we got beaten again and beaten badly. it's time to rethink, regroup, and be open to new ideas. >> well, the fact of the matter is this was a pledge that a lot of people that i've worked for made to their constituents. we don't have a problem in washington with taxing. we have a problem as senator with overspending. i talked with my congressman today, and he said for argument sake we give the president every single tax increase he wants. every single one of of them on the wealthiest americans and on all american. if we give them all those we sp
there's plenty to disagree about, from the fiscal cliff to chris yisy. joining me now to battle it out and the republican strategiest ali stewart. let me start with you. i heard from grover norquist and from rick santorum tonight and they all seem ton wrestling now with the possibility that this pledge that's really held them all to ransom for so long on income tax rises in particular may just have to be all thorred in how they deal with that. you know what? forget all the pledges before this...
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Nov 23, 2012
11/12
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i'm interested to see what happens with the fiscal cliff. >> i think it's terrible they're taking the deduction away from the billion dollar a year hedge fund people and it's horrible. >> and on your list of things not to bring up, fiscal cliff? >> it was? on the woman's day list. >> and a cool guy. >> fiscal cliff, is going to be-- >> and greg, you want to get out of here. >> i do want to get out of here. what year was the first thanksgiving celebration. 1953? i know you thought it was earlier. bob gives us all a history lesson next. ♪ homeward bound ♪ home, where my thoughts escaping, home where my music is playing ♪ ♪ where my love lies waiting silently for me ♪ ♪ starts at 6 eastern. for now we'll take you back to "the five." ♪ ♪ don't know much about history ♪ ♪ don't know much biology >> are you ready? >> oh, anyway, don't know much about history? apparently not. you're not alone. dave mccollough, one of the greatest historians thinks we're on the path to illiteracy. >> we're raising children that are by and large historically illiterate. a young woman came u
i'm interested to see what happens with the fiscal cliff. >> i think it's terrible they're taking the deduction away from the billion dollar a year hedge fund people and it's horrible. >> and on your list of things not to bring up, fiscal cliff? >> it was? on the woman's day list. >> and a cool guy. >> fiscal cliff, is going to be-- >> and greg, you want to get out of here. >> i do want to get out of here. what year was the first thanksgiving...
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Nov 28, 2012
11/12
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he has ceos, lots of fiscal cliff stuff. joy's christmas shopping and was looking at best buy for the latest smartphone. you wanna see if walmart has the same phone, for less? let's see! samsung galaxy s3 --- you could save over $50. no way! and -- you get a $100 gift card. are you serious?! yes! see for yourself how much you can save on the smartphones you want for christmas. walmart. but when i was in an accident... see for yourself how much you can save on the smartphones i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. so i never missed a beat. that's health in numbers. unitedhealthcare. ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. >>> i learned the value of a dollar working in my dad's store and running my own small business. i know we can pay down the debt while protecting social security and medicare. >> we need firm footing by reforming our tax cod
he has ceos, lots of fiscal cliff stuff. joy's christmas shopping and was looking at best buy for the latest smartphone. you wanna see if walmart has the same phone, for less? let's see! samsung galaxy s3 --- you could save over $50. no way! and -- you get a $100 gift card. are you serious?! yes! see for yourself how much you can save on the smartphones you want for christmas. walmart. but when i was in an accident... see for yourself how much you can save on the smartphones i was worried the...
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Nov 21, 2012
11/12
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cliff. speaking to the economic club of new york, bed bernanke urged lawmakers to reach a deal to avoid the automatic spending cuts and tax increases. bernanke said going over the cliff would pose a substantial threat to the economy. >>> hewlett-packard stunned the markets after alleging an accounting scandal at its british software unit would cost the company $8 billion. hp stock plummeted 12% on tuesday. then there's the fate of the twinkie. it's not looking good. >> oh, no. >> hostess brands will proceed with a plan to go out of business after last-minute talks with striking workers broke down yesterday. the company and bakers union had entered mediation in an effort to try to save over 18,000 jobs. >>> president obama is calling on congress to follow the example set by former u.s. senator warren rudman of new hampshire who called for bipartisanship during his time in washington. he passed away on monday from complications from lymphoma. he warned against large federal deficits and was a
cliff. speaking to the economic club of new york, bed bernanke urged lawmakers to reach a deal to avoid the automatic spending cuts and tax increases. bernanke said going over the cliff would pose a substantial threat to the economy. >>> hewlett-packard stunned the markets after alleging an accounting scandal at its british software unit would cost the company $8 billion. hp stock plummeted 12% on tuesday. then there's the fate of the twinkie. it's not looking good. >> oh, no....
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Nov 27, 2012
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if we let -- go over the fiscal cliff, it's going to solve our fiscal problems. the deficit will essentially go away. the bad side we're in a deep recession and the deficit will go away. this is an economy that can't afford to have 4% of our spending disappear just next year. we'll see a recession next year almost for sure and for certain. so that's the sense in which i think this is something to worry about. we want -- the recovery is faltering right now and we really don't need congress clubbing it over the head again, pushing us back down yet again. >> yet again. justin, thank you, sir, from the university of michigan. great to have you. >> thanks, alex. >> catch one of the key players in the fiscal cliff negotiations right here on "now" when senator patty murray joins us tomorrow at noon eastern. >>> and coming up after their romney nominee received just over a quarter of the latino vote republicans say they're ready to put up when it comes to comprehensive immigration reform. what are they doing about it? so far putting up a lot of window dressing. the displ
if we let -- go over the fiscal cliff, it's going to solve our fiscal problems. the deficit will essentially go away. the bad side we're in a deep recession and the deficit will go away. this is an economy that can't afford to have 4% of our spending disappear just next year. we'll see a recession next year almost for sure and for certain. so that's the sense in which i think this is something to worry about. we want -- the recovery is faltering right now and we really don't need congress...
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Nov 22, 2012
11/12
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clearly, when you look at the fiscal condition, the consequences of going over the fiscal cliff -- republicans are going to have to abrogate that pledge. it is not conservatism bound to 35% tax rate. that is not one of the immutable principles of american conservatism. we want taxes to be as low as they can possibly be while running a government that is not bankrupt and in structural deficit for as far as the eye can see. you will have to see republican leaders step up here and meet the president's somewhere in the middle on this to get the country's fiscal path on a path to solvency so we can start to have economic growth again in the country. >> do you want to comment a little bit about what you expect from the next six weeks? not even six weeks? however many weeks it is now between -- between now and the start of this booklet. working in the white house limits what you can say, but how you see his plan at between now and january? >> steve is exactly right, all the you are seeing a very concerted members of the house dig in on a no revenues. it is good to see many republicans saying yes. i c
clearly, when you look at the fiscal condition, the consequences of going over the fiscal cliff -- republicans are going to have to abrogate that pledge. it is not conservatism bound to 35% tax rate. that is not one of the immutable principles of american conservatism. we want taxes to be as low as they can possibly be while running a government that is not bankrupt and in structural deficit for as far as the eye can see. you will have to see republican leaders step up here and meet the...
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Nov 22, 2012
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one is the fiscal cliff. charles, do you get the same feeling that i have, that there is a more collective will to try to avoid falling off this cliff, and to get a deal done perhaps sooner rather than later? >> i absolutely do believe that. i believe that obama has a stronger hand. because if nothing happens, you know, no one wants that to happen. and in fact, the clock is ticking in that direction at this point. so everybody has kind of an incentive to say, let's cut some sort of deal. and i do believe that that deal will eventually incompass both the revenue increases and some sort of structural realignment of some of the entitlement programs. and i think that, i actually believe that the american people put aside what the right and the left want. the american people are actually desperate to see their government be able to work. to do something, to make it happen. to not go into another situation where we have another downgrade. that is exactly the opposite of what we want coming out of this presidential
one is the fiscal cliff. charles, do you get the same feeling that i have, that there is a more collective will to try to avoid falling off this cliff, and to get a deal done perhaps sooner rather than later? >> i absolutely do believe that. i believe that obama has a stronger hand. because if nothing happens, you know, no one wants that to happen. and in fact, the clock is ticking in that direction at this point. so everybody has kind of an incentive to say, let's cut some sort of deal....
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Nov 27, 2012
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let's talk about the fiscal cliff negotiations. what negotiations? what's happening behind the scenes? >> first of all, i just heard what mr. mcconnell said. and i just left the president. one of the things that he said to us, he said, don't pack up your bags. in other words, he's determined to get this deal done and get it done before the end of the year. the fact is, the president is very much engaged but he also understands that one of the things he's got to do is get a balanced package done. he's got to have revenue and he's also got to have some very targeted cuts. so -- and he also is trying to get across the point that republicans and democrats agree that those folks making less than $250,000, their tax cuts should be extended. so, again, we've got a situation now where the republicans can stand on the sideline or they can adhere to what the public has said in this election. they want us to get the deal done and move forward. at least we can get done what we already agree on. >> would you agree, auwould you and other house democrats agree in s
let's talk about the fiscal cliff negotiations. what negotiations? what's happening behind the scenes? >> first of all, i just heard what mr. mcconnell said. and i just left the president. one of the things that he said to us, he said, don't pack up your bags. in other words, he's determined to get this deal done and get it done before the end of the year. the fact is, the president is very much engaged but he also understands that one of the things he's got to do is get a balanced...
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Nov 24, 2012
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i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're serious about getting our economy moving again, solving our debt, and restoring prosperity for american families we need to repeal obama care and enact commonsense step by step reforms to start with lowering the cost of health care. would democrats consider putting any part of the president's signature health care legislation on the table to negotiate? >> no. it's just not going to happen. i mean you remember last year, democrats wouldn't -- refused to budge on this issue. they're not going to do it again. president obama's out there, all campaigns saying health care is law now. now that he's in office again for a second term, there's no way this happens. it didn't happen last time. it won't happen this time. >> so then, steve, i thought he said affordable health care act was the law of the land a couple weeks ago, didn't he? >> absolutely. and this seems to be more of a bow to the conservative part of this caucus than a serious negotiating position. you know, the key part of
i want to read you part of speaker boehner's op-ed on fiscal cliff negotiations. if we're serious about getting our economy moving again, solving our debt, and restoring prosperity for american families we need to repeal obama care and enact commonsense step by step reforms to start with lowering the cost of health care. would democrats consider putting any part of the president's signature health care legislation on the table to negotiate? >> no. it's just not going to happen. i mean you...
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like democrats and protect the interests of working americans with this so-called fiscal cliff looming let's ask him governor is the national director of p.t.a. progressive democrats of america tim welcome tom thanks great to have you with us first of all let me. just. let's lay out progressive democrats of america p.d. america dot org inside outside game plain bean being the progressive force that is moving the democratic party i just like your refund the insurgency not the democratic party but to believe that we can bring the outside movement that social movement we are part of a larger social movement where the electorial are trying to bring the peace and justice community the environmental community the feminist community inside the democratic party that street we know that every great social movement begins out in the streets and ends up in the halls of congress whether it be prose a park sitting down in a bus and simply saying i'm not going to move to l.b.j. in the rose garden with dr king it starts with that spark and that's what pete is about unique in that sense to bring that
like democrats and protect the interests of working americans with this so-called fiscal cliff looming let's ask him governor is the national director of p.t.a. progressive democrats of america tim welcome tom thanks great to have you with us first of all let me. just. let's lay out progressive democrats of america p.d. america dot org inside outside game plain bean being the progressive force that is moving the democratic party i just like your refund the insurgency not the democratic party...
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Nov 22, 2012
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i'm interested to see what happens with the fiscal cliff. >> i think it's terrible they're taking the deduction away from the billion dollar a year hedge fund people and it's horrible. >> and on your list of things not to bring up, fiscal cliff? >> it was? on the woman's day list. >> and a cool guy. >> fiscal cliff, is going to be-- >> and greg, you want to get out of here. >> i do want to get out of here. what year was the first thanksgiving celebration. 1953? i know you thought it was earlier. bob gives us all a history lesson next. ♪ homeward bound ♪ home, where my thoughts escaping, home where my music is playing ♪ ♪ where my love lies waiting silently for me ♪ ♪ >> in washington the big story on this thanksgiving day is cease-fire on middle east. tonight on special report, this is the first day of the truce brokered by egypt and the u.s. of course, the question, how long will will it last. tensions remain high, we will have a live report from jerusalem. president obama is calling for a unity on this thanksgiving day and urging americans to put aside partisan differenc
i'm interested to see what happens with the fiscal cliff. >> i think it's terrible they're taking the deduction away from the billion dollar a year hedge fund people and it's horrible. >> and on your list of things not to bring up, fiscal cliff? >> it was? on the woman's day list. >> and a cool guy. >> fiscal cliff, is going to be-- >> and greg, you want to get out of here. >> i do want to get out of here. what year was the first thanksgiving...
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Nov 28, 2012
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. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height. >> it's going to sell that fiscal cliff. >>> thelma and louise might need to make room in the car for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the cliff if it's between that and compromising their core principles? i was left with the impression that they would. illinois democratic senator dick durbin spoke today at the liberal center for american progress where he said this about the possibility of going off the cliff which fears of this show know is is really more of a curb than a cliff. >> some have called let's go over the cliff and watch what happens. we know if we're not careful, it will in fact stop economic growth and hurt everyone through every income category, particularly those most vulnerable. >> what he did not say is he must not go off the
. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height. >> it's going to sell that fiscal cliff. >>> thelma and louise might need to make room in the car for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the cliff...
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Nov 23, 2012
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so the fiscal cliff is a contraction in the government imposed into the economy of 45% of gdp. on the first order that will hit and reduce economic growth from 2 percent down some-1,-2 very easily. lou: in your judgment would be helpful, profoundly helpful for congress and this president to agree that there will leave everything, create a status quo for negotiations on a reform of the tax code that would take place over the course of six to nine months next year and hold in abeyance any changes just simply stopping, for the first time in some time ever, congress and our president actually think through public policy. >> absolutely. tax-cut reform on the one hand, and salomon reform on the other. if congress and the president move in that direction it would be a very, very positive signal that the political process is actually functioning. lou: a real quickly, we're out of time. some symbols, reasonable template. >> i think it is. lou: thank you for being here. president obama's reelection reigniting the debate about illegal immigration. what a republican ship on illegal immigra
so the fiscal cliff is a contraction in the government imposed into the economy of 45% of gdp. on the first order that will hit and reduce economic growth from 2 percent down some-1,-2 very easily. lou: in your judgment would be helpful, profoundly helpful for congress and this president to agree that there will leave everything, create a status quo for negotiations on a reform of the tax code that would take place over the course of six to nine months next year and hold in abeyance any changes...
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Nov 21, 2012
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they need to move on. >> zachary, one thing about the fiscal cliff, because there are certain rumors, whispers, that is, from senator like patty murray who says that they would be willing to see the country go off the fiscal cliff. are there benefits to watching everybody go over? >> well, look. this like the debt ceiling is a created, dramatic target date. meaning, it is true that all of these things would happen if january 1 comes and for the entirety of 2013 neither congress nor the president agrees on any changes and then the forecasts of the consequences of these -- >> the sun comes up on january 1st. right? >> it still does and then $4,000, $5,000 hit to middle class families and only true if a year passes with this going on and congress does nothing. i would say if you're dramatically cynical and the state of washington and hard not to be, the likelihood has to be close to zero as humanly possible so what you're talking about is optic of january 1 come and according to senator murray, reset the baseline of the debate? january 1 comes and basically back before the bush tax cuts.
they need to move on. >> zachary, one thing about the fiscal cliff, because there are certain rumors, whispers, that is, from senator like patty murray who says that they would be willing to see the country go off the fiscal cliff. are there benefits to watching everybody go over? >> well, look. this like the debt ceiling is a created, dramatic target date. meaning, it is true that all of these things would happen if january 1 comes and for the entirety of 2013 neither congress nor...
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Nov 27, 2012
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. >>> back to the bargaining table, the fiscal cliff. many lawmakers are saying they're open to breaking their pledge. >> peter king who tried to weasle out of it i hope his wife understands that commitments last more than two years. >> that was a bit below the belt, grover. >>> the crane that collapsed in australia also owns the crane in new york that collapsed during hurricane sandy. >>> bracing for a wintry mix. know and rain moving in from the midwest. >> amazing story of survival. man using the lid of a cooler to tread water for hours after his boat capsized. >>> all that -- >> anthony for three. >> charlie rose co-hosting "cbs this morning" in the early am -- >> touchdown, carolina. >> carolina wins 30-22. >> and all that matters -- >> you and i have lived much different lives. i mean i think that is apparent. >> you are a white man. >> i am a -- >> cyber monday the biggest shopping day online ever. >> cyber monday which means i was drunk when i bought all that crap tuesday. captioning funded by cbs >>> welcome to "cbs this morning
. >>> back to the bargaining table, the fiscal cliff. many lawmakers are saying they're open to breaking their pledge. >> peter king who tried to weasle out of it i hope his wife understands that commitments last more than two years. >> that was a bit below the belt, grover. >>> the crane that collapsed in australia also owns the crane in new york that collapsed during hurricane sandy. >>> bracing for a wintry mix. know and rain moving in from the midwest....
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Nov 29, 2012
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the political theater over the fiscal cliff. treasury secretary tim geithner is on capitol hill right now set to meet with nancy pelosi in less than an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> democrats today said they're confident a deal can be reached by christmas. but admit negotiations would need to pick up steam. as for senator reid, he says it's now up to the gop to make the next move. >> we're still waiting for a serious offer from the republicans. the president has made his proposal. we need a propos
the political theater over the fiscal cliff. treasury secretary tim geithner is on capitol hill right now set to meet with nancy pelosi in less than an hour. earlier today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this...
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Nov 26, 2012
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they want the fiscal cliff. it does essentially what they wanted to do, which is to raise taxes and impose a bunch of reductions in military spending. we all know that raising taxes on the rich will not raise enough money to substitute for a dollar rates on middle-class. -- raise. no tax on the super rich would ever recover enough money to even begin averting the financial clip. no reduction in foreign aid -- it is just less than 1% of the federal budget -- can address the fiscal cliff. we need to begin talking exactly the opposite of the way the federal government has worked so far. simply by starting with a budget on what we expect the income-tax to be instead of starting with what we would like to spend. that is backwards. you have to start with what you expect your income to be. host: here is what charlotte says on facebook. she says the tax rates are not creating any jobs, so stop talking out of both sides of your mouth, republicans. you can join that conversation on facebook. is with us from texas. caller:
they want the fiscal cliff. it does essentially what they wanted to do, which is to raise taxes and impose a bunch of reductions in military spending. we all know that raising taxes on the rich will not raise enough money to substitute for a dollar rates on middle-class. -- raise. no tax on the super rich would ever recover enough money to even begin averting the financial clip. no reduction in foreign aid -- it is just less than 1% of the federal budget -- can address the fiscal cliff. we need...
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Nov 26, 2012
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this week, you're putting it on the table during the fiscal cliff. we need healthcare in this country. the supreme court has said it's legal. there is an accountability question. on the domestic side, it can't be just presidential. thank you. another guest on her show said it is time to get some of the folks out because obstruction is going to continue, we'll have a chance to do something from 2014 to 2016, what people need to do is start mobilizing at the state level to push the representatives out. thank you! [ applause ] if we end up at the same place -- boehner can't control his unruly caucus. just saying. >> see what you did there? josh in tennessee you're on "the stephanie miller show." hi josh. >> caller: yeah, steph, what's up? >> stephanie: hi. >> caller: i got a question for you. why are we even caring about this whole screw up in benghazi when we have massive amounts of problems here at home that we can't seem to deal with any kind of reasonableness, logic or common sense. >> stephanie: we're not making a big deal out of benghazi. fox news
this week, you're putting it on the table during the fiscal cliff. we need healthcare in this country. the supreme court has said it's legal. there is an accountability question. on the domestic side, it can't be just presidential. thank you. another guest on her show said it is time to get some of the folks out because obstruction is going to continue, we'll have a chance to do something from 2014 to 2016, what people need to do is start mobilizing at the state level to push the...
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Nov 26, 2012
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to that fiscal cliff? the number three republican in the house, kevin mccarthy is going to be here in "the situation room." the house majority whip. and also alan krueger, the chairman of the president's council of economic advisers is going to be here as well. we're trying to gauge if there's going to be a deal or no deal and what it means for our viewers. glad you noticed, brooke. >> of course i noticed. i was so proud of you. i was proud of cnn. i thought the coverage was incredible, watching back here in the u.s. but i have to ask, i know you have a daughter and a lovely wife. did you get a chance to have a thanksgiving? >> yes, i got back in time for thanksgiving. i flew all night. tel aviv, frank forfurtrankfurt here to d.c. i had turkey and cranberry sauce and all that. here's a question i'm going to ask you, brooke -- a year ago last night, where were you -- >> ding. b.e.t. soul train awards. >> did you watch last night? >> i did not. >> what do you mean you did not? i watched, of course. >> if i'm
to that fiscal cliff? the number three republican in the house, kevin mccarthy is going to be here in "the situation room." the house majority whip. and also alan krueger, the chairman of the president's council of economic advisers is going to be here as well. we're trying to gauge if there's going to be a deal or no deal and what it means for our viewers. glad you noticed, brooke. >> of course i noticed. i was so proud of you. i was proud of cnn. i thought the coverage was...
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Nov 29, 2012
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he says it's not a fiscal cliff, it's more like a fiscal slope. there are some people that occupy the left side of the american political spectrum that would agree with howard dean saying listen, it's really not that big of a deal as deficit hawks are making it out to be. you would disagree, i would guess. >> well, i think howard is disagreeing a little bit, too. i think howard is saying it's time for meaningful deficit reduction. howard's become a deficit hawk. i think howard and i would disagree probably on some of the elements of what constitutes -- >> no, but he's saying it's not a disaster if it happens. >> well, i was going to get to that point. the fiscal cliff itself, howard is right, it's a slope. on day one the economy does not collapse and go into recession. but i worry a lot about the markets. the market reaction to going over the cliff, particularly if we go over the cliff in disarray where there's really no plan. everything's broken down. nobody knows where anybody is. i think that could be pretty ugly in the markets. having said tha
he says it's not a fiscal cliff, it's more like a fiscal slope. there are some people that occupy the left side of the american political spectrum that would agree with howard dean saying listen, it's really not that big of a deal as deficit hawks are making it out to be. you would disagree, i would guess. >> well, i think howard is disagreeing a little bit, too. i think howard is saying it's time for meaningful deficit reduction. howard's become a deficit hawk. i think howard and i would...
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Nov 21, 2012
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he said going over the fiscal cliff would pose a substantial risk to the economy. according to a new study the fiscal cliff could give 90% of americans new tax bills when the bush tax rates and some by president obama would both end. the working poor would be among the hardest hit. a tax policy center analysis showed a married couple making about $30,000 a year would on average go from receiving a $15 tax credit to owing $1400. >> wow. >> yeah. that's probably a reason to try and get something done? >> maybe we will. maybe we will. >> you would think. >> yeah. or maybe we can just talk about 2016. >> we could do that as well. how are you doing, willie? >> i'm doing well. >> good. just two weeks after the longest -- >> thanks for stopping by. >> doing well. >> you know, just two weeks after the longest, most expensive and exhausting election in u.s. history eyes are turning to 2016 as speculation begins over the next batch of candidates lining up to run for president. >> who could that be? i know it's going to be a surprise. >> i know it is too. we're moving past th
he said going over the fiscal cliff would pose a substantial risk to the economy. according to a new study the fiscal cliff could give 90% of americans new tax bills when the bush tax rates and some by president obama would both end. the working poor would be among the hardest hit. a tax policy center analysis showed a married couple making about $30,000 a year would on average go from receiving a $15 tax credit to owing $1400. >> wow. >> yeah. that's probably a reason to try and...
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if a fiscal cliff deal is to be done by the end of the year. why nbc's first read team says it's more of a struggle to get the new class of house republicans to sign on to higher tax raits for the wealthy. we'll break down that 218 for you. plus, chris christie speaking of another number. he gets his highest approval rating for a new jersey governor in the history of the quinnipiac poll. we have show you christie's lucky number. it's one of the things we thought you should know. my doctor told me calcium is efficiently absorbed in small continuous amounts. citracal slow release continuously releases calcium plus d with efficient absorption in one daily dose. citracal slow release. [ male announcer ] it's that time of year again. medicare open enrollment. time to compare plans and costs. you don't have to make changes. but it never hurts to see if you can find better coverage, save money, or both. and check out the preventive benefits you get after the health care law. ♪ open enrollment ends december 7th. so now's the time. visit medicare.gov
if a fiscal cliff deal is to be done by the end of the year. why nbc's first read team says it's more of a struggle to get the new class of house republicans to sign on to higher tax raits for the wealthy. we'll break down that 218 for you. plus, chris christie speaking of another number. he gets his highest approval rating for a new jersey governor in the history of the quinnipiac poll. we have show you christie's lucky number. it's one of the things we thought you should know. my doctor told...
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. >>> who do you trust more on the fiscal cliff? ben bernanke or rush limbaugh. rush thinks he holds some cards in the looming negotiations. can congress cut out the middlemen, the drama and make a deal? we will discuss next on "now." look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva and seek immediate medical help if your breathing suddenly worsens, your throat or tongue swells, you get hives, vision changes or eye pain, or problems passing urine. other side effects include dry
. >>> who do you trust more on the fiscal cliff? ben bernanke or rush limbaugh. rush thinks he holds some cards in the looming negotiations. can congress cut out the middlemen, the drama and make a deal? we will discuss next on "now." look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd...
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Nov 27, 2012
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if we go off the fiscal cliff and all those good economic numbers turn south, the question is who's going to be blamed for this. a lot of what the president's doing now is making sure that he's not the one who's going to be blamed, that it will be the republicans. that, in turn, puts him in a better bargaining position. >> now, victoria, in 2004 president obama, after his re-election, said he earned political capital. but he wasn't able to accomplish some of his biggest second-term goals. let me show you what mr. bush had to say at that point. >> i earned capital in the campaign, political capital. now i intend to spend it. it is my style. that's what happened in -- after the 2000 election. i earned some capital. i've earned capital in this election and i'm going to spend it. >> but he spent it but he didn't get a lot of what he was trying to push done. is the president, by continuing to go out, continuing a campaign after election day, sort of learning also, not only from what he might not have done before, but what george bush and other incumbent presidents may not have done in their se
if we go off the fiscal cliff and all those good economic numbers turn south, the question is who's going to be blamed for this. a lot of what the president's doing now is making sure that he's not the one who's going to be blamed, that it will be the republicans. that, in turn, puts him in a better bargaining position. >> now, victoria, in 2004 president obama, after his re-election, said he earned political capital. but he wasn't able to accomplish some of his biggest second-term goals....
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Nov 21, 2012
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you've probably heard of the fiscal cliff or as lawrence likes to call it, the fiscal curve or as my friend calls t the austerity bomb. whatever you would like to call it, it does not look like it's going to happen. it doesn't just look like we're going to avoid a crisis. at this moment today, and this can change, it looks like we're going to avoid an almost-crisis too. they might wrap it it up and go home for christmas. almost everyone i have talked to has been weirdly confident and upbeat about where this is going. this shouldn't be an amazing thing for me to tell you. i shouldn't be coming to you saying, look, congress might not blow up the economy for no good reason. or if i do have to say it, i shouldn't sound excited about it. that should be a given. but in recent years, it has not been a given. and the reason it hasn't been is in some ways traceable to this guy. you know that guy. that is grover norquist. if you go by his name or his picture, he may not seem imposing. but in the republican party, he's a guy that breaks your knees if you vote for higher taxes. all republicans p
you've probably heard of the fiscal cliff or as lawrence likes to call it, the fiscal curve or as my friend calls t the austerity bomb. whatever you would like to call it, it does not look like it's going to happen. it doesn't just look like we're going to avoid a crisis. at this moment today, and this can change, it looks like we're going to avoid an almost-crisis too. they might wrap it it up and go home for christmas. almost everyone i have talked to has been weirdly confident and upbeat...
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Nov 22, 2012
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are they really willing to go over the fiscal cliff? >>> in addition to being thanksgiving tomorrow, it's the 49th anniversary of a moment no one my age will ever forget, dallas. get yourself a copy of my new york times best seller "jack kennedy", out in paperback and a great gift for the holidays. you're watching "hardball" a place for politics. >>> i'm amanda drury with your cnbc market wrap. the dow was up by 48 points, s&p up by three and dow added three. >>> consumer sentiment rose slightly in november but below what analysts expected. jobless claims slid by 41,000 last week but the numbers are still distorted by the effects of hurricane sandy. >>> a bankruptcy court judge granted permission for hostess brands to begin shutting down. >>> and that is it from cnbc, first in business worldwide. have a very happy thanksgiving, everybody. back to "hardball." >>> welcome back to "hardball." with a victory behind him, democrats are feeling more confident in talks with republicans about the fiscal cliff. many on the left have been vocal in
are they really willing to go over the fiscal cliff? >>> in addition to being thanksgiving tomorrow, it's the 49th anniversary of a moment no one my age will ever forget, dallas. get yourself a copy of my new york times best seller "jack kennedy", out in paperback and a great gift for the holidays. you're watching "hardball" a place for politics. >>> i'm amanda drury with your cnbc market wrap. the dow was up by 48 points, s&p up by three and dow added...
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Nov 22, 2012
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when somebody stops inevitably mattering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wrong but you i am glad to know other people bring charts to thanksgiving dinner. >> we're preparing them so america can do that. awesome. thanks. >> have a great thanksgiving. >> you, too. you know what i am thankful for this thanksgiving? i am thankful elections, they have consequences. >> the time for bickering is over. the time for games has passed. now is the time to deliver on health care. >> have you read the bill? hell, no, you haven't. >> the supreme court has upheld president obama's health care law. >> the health care law. >> the signature achievement of barack obama's presidency. >> now they're trying to drag it into the negotiations over the fiscal cliff. >> we have a new message from congressman boehner. >> we can't afford it, we can't afford it and we can't afford to leave it in tact. that's not a new message. >> can you say it was done openly? >> that is not a new message. >> they have been defeated thr
when somebody stops inevitably mattering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wrong but you i am glad to know other people bring charts to thanksgiving dinner. >> we're preparing them so america can do that. awesome. thanks. >> have a great thanksgiving. >> you, too. you know what i am thankful for this thanksgiving? i am thankful elections, they have consequences. >> the time...
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Nov 23, 2012
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with the fiscal cliff, do you think there's a way to reach an agreement on the fiscal cliff? are you willing to do comprehensive entitlement reforms in exchange for an increase tax rate? >> i think that's an excellent question. let's make one thing clear. the entitlements have little to do with the day-to-day operation of the budget. they have their own separate budgets. they're paid for in a separate manner, through payroll taxes. so anybody that wants to do that is really holding the issue hostage. the other side is good at doing that. republicans have been very good at holding us hostage. we said to them at least pass the middle chas tax cuts and let's continue those and then we'll debate the other stuff. there is no compromising these ideologues. i want compromise. people want them to come together. if you hold the other issue or the other side hostage, it's not going to get done. i'm a little less optimistic than i was last week when i hear from staff and the discussions that are going on behind the scenes. i'm less optimistic about it. but i'm in there fighting for reso
with the fiscal cliff, do you think there's a way to reach an agreement on the fiscal cliff? are you willing to do comprehensive entitlement reforms in exchange for an increase tax rate? >> i think that's an excellent question. let's make one thing clear. the entitlements have little to do with the day-to-day operation of the budget. they have their own separate budgets. they're paid for in a separate manner, through payroll taxes. so anybody that wants to do that is really holding the...
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when somebody stops inevitably matering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wrong but you can help with visual aids. we have posted both of those charts we just showed you on our blog and you can load them on your smartphone or ipad to pass around the table and print them out on paper in case your uncle doesn't look liking at these new things. those are waiting for you now. we are here for you. you can do this. report back and let us know how it went. that does it for us tonight. have a great thanksgiving. we'll see you monday. now it is time for the last word with lawrence o'donnell guest hosted by the spectacular ezra kline. good evening. >> good evening, rachel. i am glad to know other people bring charts to thanksgiving dinner. >> we're preparing them so america can do that. awesome. thanks. >> have a great thanksgiving. >> you, too. you know what i am thankful for this thanksgiving? i am thankful elections, they have consequences. >> the time for bickering is over. the time for games has
when somebody stops inevitably matering about the fiscal cliff and the sky rocketing deficit, they don't know what they're talking about and they probably don't know it is wrong but you can help with visual aids. we have posted both of those charts we just showed you on our blog and you can load them on your smartphone or ipad to pass around the table and print them out on paper in case your uncle doesn't look liking at these new things. those are waiting for you now. we are here for you. you...
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Nov 21, 2012
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are they really willing to go over the fiscal cliff? in addition to being thanksgiving tomorrow, it's the 49th anniversary of a moment no one my age will ever forget, "dal." get yourself a copy of my new york times best seller "jack kennedy", out in paper simpak a great gift for the holidays. you're watching "hardball" a place for politics. at optionsxpress we're all about options trading. we create easy-to-use, powerful trading tools for all. look at these streaming charts! they're totally customizable and they let you visualize what might happen next. that's genius! we knew you needed a platform that could really help you elevate your trading. so we built it. chances of making this? it's a lot easier to find out if a trade is potentially profitable. just use our trade & probability calculator and there it is. for all the reasons you trade options - from income to risk management to diversification - you'll have the tools to get it done. strategies. chains. positions. we put 'em all on one screen! could we make placing a trade any easi
are they really willing to go over the fiscal cliff? in addition to being thanksgiving tomorrow, it's the 49th anniversary of a moment no one my age will ever forget, "dal." get yourself a copy of my new york times best seller "jack kennedy", out in paper simpak a great gift for the holidays. you're watching "hardball" a place for politics. at optionsxpress we're all about options trading. we create easy-to-use, powerful trading tools for all. look at these...
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Nov 21, 2012
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"rough start for fiscal cliff talks." looked like everything was going really well after that first meeting. now that the dealing is really getting under way, the sources tell politico neither side seems actually all that serious. what's going on here? >> our reporting shows that despite the politics of the seeming to suggest that a deal should be struck and despite the meeting that happened with the congressional leaders at the white house last week that had everybody walk out of it and use the word constructive and talk about how nice the meeting was, when they've gotten down to brass tacks and what would have to be done and where the tax rates would need to be raised and where the cuts to medicare and medicaid would need to be, both sides seem unwilling to believe that the other side is really serious about making the changes that then. >> ben bernanke weighed in on this yesterday. let me play that for you. >> indeed, by the reckoning of the congressional budget office, the cbo, and that of many outside observers, a fi
"rough start for fiscal cliff talks." looked like everything was going really well after that first meeting. now that the dealing is really getting under way, the sources tell politico neither side seems actually all that serious. what's going on here? >> our reporting shows that despite the politics of the seeming to suggest that a deal should be struck and despite the meeting that happened with the congressional leaders at the white house last week that had everybody walk out...
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Nov 22, 2012
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that being said, we still have issues looming on this fiscal cliff. we're starting to see consumer confidence weighing a little bit. i think hurricane sandy had something to do with that. >> yeah. >> this could go either way this season. >> you combine the holiday spending with the fiscal cliff. is there a chance that if we get this $586 billion or whatever is expected to come in, that it has a lasting effect on the economy? >> you know, i think -- i would like to say yes. and given holiday -- looking at last year, we saw about 600,000 jobs added for the holiday. about that number is expected this year as well. jobs are good for the economy. spending is good for the economy. but whether we can maintain that, whether a deal can be reached on that cliff remains to be seen. we could see of the u.s. fall into recession. hopefully that won't be the case. hopefully, you know, a deal will be reached and we can move forward. >> that's probably the most pressing issue right now. morgan, thank you for bringing us up to date on the retail angle. >>> coming up, h
that being said, we still have issues looming on this fiscal cliff. we're starting to see consumer confidence weighing a little bit. i think hurricane sandy had something to do with that. >> yeah. >> this could go either way this season. >> you combine the holiday spending with the fiscal cliff. is there a chance that if we get this $586 billion or whatever is expected to come in, that it has a lasting effect on the economy? >> you know, i think -- i would like to say...
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are they really willing to go over the fiscal cliff? the 49th anniversary of a moment no one my age will ever forget, dallas. do me an honor. "jack kennedy, elusive hero" is out. a great gift for the holidays. you're watching "hardball", a place for politics. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with bre
are they really willing to go over the fiscal cliff? the 49th anniversary of a moment no one my age will ever forget, dallas. do me an honor. "jack kennedy, elusive hero" is out. a great gift for the holidays. you're watching "hardball", a place for politics. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one...
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>> lilt more, little more, little more. >> donate it to the fiscal cliff. >> oh, yeah. i'm sure most folks would do that. >>> coming up next, why one star of the show ""two and a half men"" is saying something very bizarre about the show. >>> and enlightening appearances from the cast skinny so skinny ♪ >> i don't know about you guys out there one of my favorite holiday movies this time of year, national lampoons christmas vacation. i laugh every time. ♪ skinny so skinny ♪ >>> i don't know about you guys out there. one of my favorite holiday movies this time of year, national lampoon's "christmas vacation." i laugh every time. i watched it 4,000 times a parentally, old navy, bless their heart, they're getting the family back together. 23 years after the original movie for a new ad for some interesting pants that old navy is putting out there this season. they got the griswolds, chevy chase, beverly deangelo, and julian lewis who played their taught never the movie to get back together to do the commercial. >> ready? >> want me to do the drum roll thing? >> it's ok
>> lilt more, little more, little more. >> donate it to the fiscal cliff. >> oh, yeah. i'm sure most folks would do that. >>> coming up next, why one star of the show ""two and a half men"" is saying something very bizarre about the show. >>> and enlightening appearances from the cast skinny so skinny ♪ >> i don't know about you guys out there one of my favorite holiday movies this time of year, national lampoons christmas...